Why Should You Attend:
Although financial institutions have been managing BSA operations per the regulation requirements, the change in focus to BSA audits has been coming increasingly important. Regulators look to the Bank for insurance and evidence that BSA operations are being appropriately audited to ensure that BSA efforts are appropriately implemented and overseen. To ensure this is being done, BSA/AML checklists can assist in ensuring all components are being addressed and evaluated appropriately, as well as identify any deficiencies or gaps that need to be addressed.
“BSA / AML Compliance Checklists” highlights BSA / AML checklists that are being acknowledged and recognized by regulators and examiners. The areas of focus outlined in this webinar are based on best industry practice, supervisory experience and cover the major components of an effective BSA program that appropriate checklists focuses on. The instructor will look at these areas and the specifics of each area as it pertains to BSA.
In this webinar, instructor will discuss the checklists and how they can enhance a BSA/AML program.
Areas Covered in the Webinar:
Developing BSA/AML Compliance Checklists
Recommended fields for checklists
Implementing checklists
Assessing policies and procedures for checklists
Determining effectiveness and thoroughness of checklists
Ensuring qualified employee oversight of daily BSA operations
Although financial institutions have been managing BSA operations per the regulation requirements, the change in focus to BSA audits has been coming increasingly important. Regulators look to the Bank for insurance and evidence that BSA operations are being appropriately audited to ensure that BSA efforts are appropriately implemented and overseen. To ensure this is being done, BSA/AML checklists can assist in ensuring all components are being addressed and evaluated appropriately, as well as identify any deficiencies or gaps that need to be addressed.
“BSA / AML Compliance Checklists” highlights BSA / AML checklists that are being acknowledged and recognized by regulators and examiners. The areas of focus outlined in this webinar are based on best industry practice, supervisory experience and cover the major components of an effective BSA program that appropriate checklists focuses on. The instructor will look at these areas and the specifics of each area as it pertains to BSA.
In this webinar, instructor will discuss the checklists and how they can enhance a BSA/AML program.
Areas Covered in the Webinar:
Developing BSA/AML Compliance Checklists
Recommended fields for checklists
Implementing checklists
Assessing policies and procedures for checklists
Determining effectiveness and thoroughness of checklists
Ensuring qualified employee oversight of daily BSA operations
Speakers
Dr. Gina J. Lowdermilk,PhD (ABD), CAMS, CRMS is a highly experienced and educated BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. She has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as requested from numerous clients
